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Presented by
Joanne Georgiou |
PRICE REDUCED! Welcome to this unique home nestled on a small “island” on Lake Bonny in Lakeland. Spanning 5. 2 acres of beautiful lakefront estate. The property boasts a gated driveway, mature vegetation, green grass and numerous shady trees.
The primary spacious home, over 5, 000 square feet, features 5 bedrooms and 4 bathrooms. Additionally, there are two different dwellings with private entrances. Currently, one of the two units is under lease until early March.
The other two-story attached guest house, with over 3, 000 square feet, 3 bedrooms and 3 bathrooms, can be converted into a short-term or long-term lease.
Enjoy your breathtaking lake views from every corner of the property. This incredible home offers a wealth of features and possibilities in an established neighborhood. It’s conveniently situated near to colleges, shopping, attractions, and providing easy access to major cities like Tampa and Orlando.
There is a current land survey which reveals six more buildable lots beyond the two lots currently occupied by three different dwellings. This presents an excellent opportunity for development and investment.
Don’t miss out on this remarkable possibility! Schedule your showing today to explore this limitless potential!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.584.9408
Joanne.Georgiou@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.183% |
| Monthly Tax Payment | $730 | $730 | $730 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,756 | $5,911 | $8,101 |
| Total Monthly Payment | $6,611 | $6,766 | $8,956 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.